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DISCOUNT PROBLEM: A supplier is willing to give you a price discount if you bought in bulk as shown below. Assume a monthly demand of

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DISCOUNT PROBLEM: A supplier is willing to give you a price discount if you bought in bulk as shown below. Assume a monthly demand of 500 units of the product. The cost to place an order is $50 per order, and it costs 25% of unit price to hold the product in inventory for one year. What is the valid EOQ corresponding to the volume range of 150-349 units of the product? Number of Units Price per Unit 1-149 14.10 150-349 13.90 13.70 350 and more

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